Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Hungary - 2023
Contents:
- Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Hungary (CIF) - 2022
- Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Hungary (FOB) - 2022
- Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Hungary
- Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Hungary
Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Hungary (CIF) - 2022
In 2022, the average import price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $41,513 per ton, declining by -14.8% against the previous year. Overall, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 87% against the previous year. Over the period under review, average import prices attained the peak figure at $200,051 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($263,775 per ton), while the price for China ($7,428 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Hungary (FOB) - 2022
In 2022, the average export price for balances; of a sensitivity of 5cg or better, with or without weightses amounted to $99,616 per ton, jumping by 98% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average export price increased by 299% against the previous year. Over the period under review, the average export prices hit record highs at $315,309 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Serbia ($197,015 per ton), while the average price for exports to Slovakia ($7,861 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+456.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Hungary
In 2022, approx. 42 tons of balances; of a sensitivity of 5cg or better, with or without weightses were imported into Hungary; picking up by 18% against the previous year's figure. Over the period under review, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 100%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of balances; of a sensitivity of 5cg or better, with or without weightses reached $1.7M in 2022. The total import value increased at an average annual rate of +18.7% from 2020 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 39% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Germany | 874 | 1,260 | 1,243 | 19.3% | |
| China | 111 | 197 | 259 | 52.8% | |
| South Korea | 35.0 | 94.3 | 108 | 75.7% | |
| Others | 210 | 163 | 123 | -23.5% | |
| Total | 1,230 | 1,714 | 1,734 | 18.7% | |
Top Suppliers of Balances; of A Sensitivity of 5cg or Better, with or Without Weights to Hungary in 2022:
- China (34.9 tons)
- Germany (4.7 tons)
- South Korea (0.8 tons)
Exports of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Hungary
In 2022, the amount of balances; of a sensitivity of 5cg or better, with or without weightses exported from Hungary skyrocketed to 3.5 tons, with an increase of 66% compared with the year before. In general, total exports indicated a significant increase from 2021 to 2022: its volume increased at an average annual rate of +66.2% over the last one-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of balances; of a sensitivity of 5cg or better, with or without weightses skyrocketed to $355K in 2022. Over the period under review, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Balances; of A Sensitivity of 5cg or Better, with or Without Weights in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Serbia | 76.8 | 91.0 | 18.5% | ||
| China | 14.7 | 75.6 | 414.3% | ||
| Greece | N/A | 37.9 | 0% | ||
| Poland | 1.3 | 28.0 | 2053.8% | ||
| Italy | 8.3 | 24.7 | 197.6% | ||
| Romania | 4.2 | 5.8 | 38.1% | ||
| Slovakia | 4.6 | 2.0 | -56.5% | ||
| Others | 12.2 | 89.8 | 636.1% | ||
| Total | 122 | 355 | 191.0% | ||
Top Export Markets for Balances; of A Sensitivity of 5cg or Better, with or Without Weights from Hungary in 2022:
- Greece (911.0 kg)
- China (568.0 kg)
- Serbia (462.0 kg)
- Romania (416.0 kg)
- Italy (259.0 kg)
- Slovakia (259.0 kg)
- Poland (164.0 kg)
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